| Sector |
Textile
|
Compare with Sector peers |
| Industry |
Textile - Manmade Fibres
|
Compare with Industry peers |
| Website | http://www.vardhman.com | |
| Market Cap | 435.97 Cr. | |
| Enterprise Value(EV) | 426.16 Cr. | 2022-03 |
| Financial Indicators | ||
|---|---|---|
| Earnings per share (EPS) | 1.81 | Trailing Twelve Months Ending 2022-03 |
| Price-Earning Ratio (PE) | 29.94 | Trailing Twelve Months Ending 2022-03 |
| Industry PE | 5.13 | Trailing Twelve Months Ending 2022-03 |
| Book Value / Share | 26.42 | Trailing Twelve Months Ending 2022-03 |
| Price to Book Value | 2.05 | Calculated using Price: 54.25 |
| Dividend Yield | 46.08 | Period Ending 2021-03 |
| No. of Shares Subscribed | 8.04 Cr. | 80,363,746 Shares |
| FaceValue | 10 | |
| Company Profile | ||
|
Vardhman Group ventured into the manufacture of Acrylic Fiber/Tow in 1999. The joint venture, Vardhman Acrylics (VAL) was set up together with two leading Japanese business houses namely Japan Exlan Co. a part of Toyobo Group of Japan and Marubeni Corporation Japan. Japan Exlan Co. Ltd. is a pioneer in manufacturing of Acrylic Fibre while Marubeni Corporation is trading houses in the world, with over 200 representative offices & more than 650 affiliated companies in 90 countries. Today VAL is an important acrylic fibre producer and its state-of-the-art Wet Spun technology, highly automated and microprocessor controlled plant with distributed Controlled Systems, is one of the most sophisticated acrylic fibre plant in the world producing consistently superior quality fibre. Vardhman is a major integrated textile producer in India. The group was set up in 1965 at Ludhiana, Northern India. Since then, the group has expanded manifold and is today, perhaps, the largest textile conglomerate in India. The group portfolio includes manufacturing and marketing of Yarns, Fabrics, Sewing Threads, Fibre and Alloy Steel. The company has set up a 18000 TPA Acrylic Staple Fibre and tow production plant at Jhagadia, Distt. Bharuch in the state of Gujarat, India. The world class wet spun technology for the manufacture of acrylic fiber / tow has been sourced from Japan Exlan Co. Japan. It is a state of the art, highly automated production facility making it amongst the most advanced plants of its type in the world. VARLAN fibre has achieved a high order of recognition in Indian market for use in a very wide variety of applications like hand knitting yarns; machine knitting yarns for jerseys, sweaters etc.; sarees; dress materials; upholstery; furnishings; velvets; blankets; carpets and many more. The endeavors for developing newer and exciting applications of VARLAN fibre continue in close association with the users. Product range of the company includes:
|
||
Company Profile
Vardhman Group ventured into the manufacture of Acrylic Fiber/Tow in 1999. The joint venture, Vardhman Acrylics (VAL) was set up together with two leading Japanese business houses namely Japan Exlan Co. a part of Toyobo Group of Japan and Marubeni Corporation Japan. Japan Exlan Co. Ltd. is a pioneer in manufacturing of Acrylic Fibre while Marubeni Corporation is trading houses in the world, with over 200 representative offices & more than 650 affiliated companies in 90 countries.
Today VAL is an important acrylic fibre producer and its state-of-the-art Wet Spun technology, highly automated and microprocessor controlled plant with distributed Controlled Systems, is one of the most sophisticated acrylic fibre plant in the world producing consistently superior quality fibre.
Vardhman is a major integrated textile producer in India. The group was set up in 1965 at Ludhiana, Northern India. Since then, the group has expanded manifold and is today, perhaps, the largest textile conglomerate in India.
The group portfolio includes manufacturing and marketing of Yarns, Fabrics, Sewing Threads, Fibre and Alloy Steel. The company has set up a 18000 TPA Acrylic Staple Fibre and tow production plant at Jhagadia, Distt. Bharuch in the state of Gujarat, India.
The world class wet spun technology for the manufacture of acrylic fiber / tow has been sourced from Japan Exlan Co. Japan. It is a state of the art, highly automated production facility making it amongst the most advanced plants of its type in the world.
VARLAN fibre has achieved a high order of recognition in Indian market for use in a very wide variety of applications like hand knitting yarns; machine knitting yarns for jerseys, sweaters etc.; sarees; dress materials; upholstery; furnishings; velvets; blankets; carpets and many more. The endeavors for developing newer and exciting applications of VARLAN fibre continue in close association with the users.
Product range of the company includes:
| 1 Day |
|
+1.22% |
| 1 Week |
|
+3.65% |
| 1 Month |
|
-15.76% |
| 3 Month |
|
-1.37% |
| 6 Month |
|
+4.96% |
| 1 Year |
|
+25.87% |
| 2 Year |
|
+100% |
| 5 Year |
|
+8.11% |
| 10 Year |
|
+542.86% |
| 9 years | 2013-03 | 2014-03 | 2015-03 | 2016-03 | 2017-03 | 2018-03 | 2019-03 | 2020-03 | 2021-03 | |
| Return on Equity (%) | 9.57 | 15.58 | 10.74 | 12.76 | 13.41 | 12.55 | 10.56 | 13.43 | 11.39 | |
| Return on Capital Employed (%) | 14.86 | 21.10 | 14.38 | 19.28 | 18.71 | 15.34 | 14.40 | 13.93 | 15.26 | |
| Return on Assets (%) | 6.62 | 10.35 | 6.83 | 8.03 | 8.03 | 7.29 | 6.17 | 7.85 | 6.96 |
| Particulars | 10 years | 2013-03 Rs. Cr. | 2014-03 Rs. Cr. | 2015-03 Rs. Cr. | 2016-03 Rs. Cr. | 2017-03 Rs. Cr. | 2018-03 Rs. Cr. | 2019-03 Rs. Cr. | 2020-03 Rs. Cr. | 2021-03 Rs. Cr. | 2022-03* Rs. Cr. |
| Shh. Funds | 259 | 301 | 321 | 318 | 295 | 319 | 334 | 355 | 398 | 212 | |
| Non Curr. Liab. | 20 | 16 | 16 | 27 | 27 | 21 | 20 | 11 | 11 | 8 | |
| Curr. Liab. | 104 | 143 | 181 | 152 | 204 | 193 | 231 | 227 | 230 | 82 | |
| Minority Int. | |||||||||||
| Equity & Liab. | 383 | 461 | 518 | 498 | 526 | 532 | 585 | 594 | 639 | 302 | |
| Non Curr. Assets | 93 | 155 | 182 | 180 | 81 | 186 | 122 | 147 | 113 | 113 | |
| Curr. Assets | 290 | 306 | 336 | 317 | 445 | 347 | 463 | 447 | 527 | 189 | |
| Misc. Exp. not W/O | |||||||||||
| Total Assets | 383 | 461 | 518 | 498 | 526 | 532 | 585 | 594 | 639 | 302 |
| Particulars | 10 years | 2013-03 Rs. Cr. | 2014-03 Rs. Cr. | 2015-03 Rs. Cr. | 2016-03 Rs. Cr. | 2017-03 Rs. Cr. | 2018-03 Rs. Cr. | 2019-03 Rs. Cr. | 2020-03 Rs. Cr. | 2021-03 Rs. Cr. | 2022-03 Rs. Cr. TTM |
| Net Sales | 436 | 468 | 498 | 413 | 337 | 320 | 392 | 334 | 280 | 313 | |
| Other Income | 8 | 29 | 16 | 22 | 25 | 21 | 25 | 27 | 15 | 5 | |
| Total Income | 445 | 497 | 514 | 435 | 362 | 340 | 417 | 361 | 296 | 318 | |
| Total Expenditure | -394 | -426 | -465 | -368 | -300 | -288 | -364 | -308 | -233 | -294 | |
| PBIDT | 50 | 71 | 50 | 66 | 62 | 52 | 53 | 53 | 63 | 23 | |
| Interest | -1 | -1 | 0 | 0 | 0 | -1 | 0 | 0 | -1 | 0 | |
| Depreciation | -11 | -11 | -5 | -4 | -5 | -5 | -5 | -5 | -5 | -5 | |
| Taxation | -14 | -16 | -11 | -21 | -16 | -8 | -12 | -2 | -14 | -3 | |
| Exceptional Items | |||||||||||
| PAT | 24 | 44 | 33 | 41 | 41 | 39 | 34 | 46 | 43 | 15 | |
| Adjusted EPS | 3 | 5 | 4 | 4 | 5 | 5 | 4 | 6 | 5 | 2 |
| Particulars | 10 years | 2012-03 Rs. Cr. | 2013-03 Rs. Cr. | 2014-03 Rs. Cr. | 2015-03 Rs. Cr. | 2016-03 Rs. Cr. | 2017-03 Rs. Cr. | 2018-03 Rs. Cr. | 2019-03 Rs. Cr. | 2020-03 Rs. Cr. | 2021-03 Rs. Cr. |
| Cash Fr. Operatn. | 28 | 24 | 43 | 55 | 23 | 42 | 3 | 26 | 4 | 39 | |
| Cash Fr. Inv. | -32 | 3 | -44 | -58 | 43 | 30 | 7 | -8 | 80 | -83 | |
| Cash Fr. Finan. | 6 | -20 | -5 | -1 | -68 | -63 | -15 | -20 | -24 | -1 | |
| Net Change | 1 | 7 | -6 | -3 | -2 | 8 | -5 | -2 | 61 | -44 | |
| Cash & Cash Eqvt | 5 | 12 | 6 | 3 | 1 | 9 | 4 | 2 | 63 | 19 |
|
Wed, 18 May 2022
Newspaper Advertisements
|
|
|
Tue, 17 May 2022
Financial Result Updates
|
|
|
Tue, 17 May 2022
Newspaper Advertisements
|
| Thu, 19 May 2022 |
Closing Below Previous Low
|
High Decrease 1 Month
|
High Increase 2 Years
|
William %R Crossed -80 From Above
|
| Wed, 18 May 2022 |
Higher Trade Quantity
|
Equities
M.F.
Sectors